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Why “Overbought” Bitcoin Could Trigger A 107% Rally

[Jan 31, 2024 8:33 AM] Bitcoin price had previously been showing extreme strength leading up until the debut of the first spot ETFs. That strength has since subsided, leading to a 20% correction in BTCUSD. A popular technical indicator that measures momentum, however…

Crypto Analyst Predicts Bitcoin To Reach $60,000, Here’s Why

[Jan 31, 2024 6:30 AM] Amid the recent rally that Bitcoin (BTC) experienced at the start of the week, several well-known cryptocurrency analysts seem to be bullish about the largest crypto asset, delivering multiple positive predictions for BTC in the short and long…

3 Signs That A Bitcoin Supply Shock Could Be Just Days Away

[Jan 31, 2024 3:20 AM] The Bitcoin community is currently abuzz with discussions of an impending supply shock, a market phenomenon where demand outstrips supply, potentially leading to a substantial price increase. Indicators from various sectors within the market are…

Bitcoin Bulls Keep Pushing, Why Increase Isn’t Over Yet

[Jan 30, 2024 10:34 PM] Bitcoin price is attempting a fresh increase above the $42,500 resistance. BTC is showing bullish signs and might rally further above the $43,800 resistance. Bitcoin price is consolidating gains above the $42,500 resistance zone. The price is…

Bitcoin Rally Still Has Some Legs Left, Santiment Explains Why

[Jan 30, 2024 9:00 AM] The analytics firm Santiment has explained that the current Bitcoin rally could still have some legs left, based on this on-chain trend. Bitcoin & Ethereum Leave Exchanges, While Tether Sees Deposits In a new post on X, Santiment has discussed…

Why Is Bitcoin Price Up Above $43,000 Today?

[Jan 30, 2024 6:00 AM] Bitcoin is back above $43,000 just days after making a swift recovery from below $40,000 to $42,000. This trend reversal is believed to be due to a number of recent developments that have painted a bullish narrative for the flagship crypto token. …